When was the last time you took an Uber? Probably before the pandemic… How about a Lyft? I don’t remember either. A clear number two in the ride sharing industry, with riding volumes down, and the recent rally slowing down, this is a reasonable time to put on some bearish […]
Past-Trades
8 posts
When people refer to volatile markets, they often mean the market has dropped. The truth is that volatility is direction agnostic. While puts certainly can increase tremendously in value with the increase in implied volatility as markets plummet, we can see an increase in IV in the calls as well. […]
One of my least favorite airlines to fly is United. I know that All airlines have delays and cancellations, but they made a giant mistake once that kept my wife and two small children from meeting me across the country. In short, they wouldn’t let my family on the first […]
I have friends that love going on cruises – so much that they prefer it over ‘standard’ vacations. I’ve never actually been on one, but I have invested and traded Carnival, which is the largest cruise line company in the world. The dividend has grown nicely the last few years […]
Breaking Bad, The Walking Dead, Better Call Saul, BBC America, Sundance, IFC – AMC Networks (Ticker: AMCX) owns them all. With content ‘king’, AMC’s portfolio of properties commands premiums from streaming giants like Netflix (Ticker: NFLX). There is, however, a lot of competition and AMCX was in a steady decline […]
In ABC fashion (Always Be Closing), I took the profits, closing the put for 10.71 and the call for 25.89, for a win of $434 or 13.5% on my risk in about 2 hours. What’s the lesson? The title of the post refers to “Even a blind squirrel finds a […]
